NEU 8.15% $13.27 neuren pharmaceuticals limited

Share Price, page-3198

  1. 193 Posts.
    lightbulb Created with Sketch. 409
    Appreciate the sentiments and you clearly have an understanding of the background and work it has taken to get NEU to this point but without meaning any disrespect I completely disagree that “FDA approval is hardly an issue here” or for that matter that significant patience is required with respect to share price.

    FDA approval is a massive issue here - the most important event this company has faced to date IMO. As has been discussed here recently highly likely but by no means a certainty. With FDA approval NEU is an income generating cash cow with 4 phase 2 trials cooking away and becomes a massive takeover target before or after those phase 2 results are known. Share price given FDA approval has to be north of $12 I believe and will likely rise through 2023. Without FDA approval NEU has significant funding issues again, 4 phase 2 trials that wouldn’t look anywhere near as promising with an unproven drug 5+ years from commercialisation and a share price of (I’m guessing) approximately $1.

    All of which is going to unfold in the next 40 trading days if not before. Any chance you could explain how you could possibly think otherwise??
 
watchlist Created with Sketch. Add NEU (ASX) to my watchlist
(20min delay)
Last
$13.27
Change
1.000(8.15%)
Mkt cap ! $1.696B
Open High Low Value Volume
$12.95 $13.39 $12.79 $9.854M 751.2K

Buyers (Bids)

No. Vol. Price($)
3 2545 $13.26
 

Sellers (Offers)

Price($) Vol. No.
$13.29 1443 2
View Market Depth
Last trade - 16.10pm 06/11/2024 (20 minute delay) ?
NEU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.